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Thread: New A/C for the goldan falcon
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Old 22nd Nov 2007, 14:54
  #163 (permalink)  
jackxjd
 
Join Date: Oct 2007
Location: Bahrain, Kuala Lumpur
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i replied to the same ase statement a while ago that the airline business is loosing money world-wide. This is not true at all . On the contrary some airlines are enjoying net margins of 20-30% and even the more prominent guys like BA LH etc are above 7% which the manufacturing industry will beg to have.

If anyone is privvy to reports from Goldman, Merrill, Morgan etc you got it in black and white.
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